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Speaker 0 argues that while global focus is on Venezuela, Mexico, Cuba, and Colombia, Donald Trump quietly put Canada in the hot seat, presenting the Venezuelan operation as an opening salvo against the British empire. He frames Trump’s actions as not about Maduro alone but as a broader assault on imperial structures. Speaker 1 discusses the perceived death toll from drugs and asserts a real number of 300,000, noting drugs entering primarily through the southern border and also through Canada, implying this is part of a wider systemic issue. Speaker 0 notes that mainstream headlines focus on familiar targets, while the Toronto Globe and Mail editorially warns that Venezuela’s fate is a warning to Canada. The New York Times is described as framing this as another regime change operation from the Bush era that will split the MAGA movement, with Marjorie Taylor Greene contributing to that narrative. The Democratic Party is said to be shrieking about Trump’s actions, with some calling for impeachment. Former British MI6 head John Bolton is cited as recognizing that the operation is not a regime change. Speaker 0 and others present the view that this is a surgical strike against the British empire’s irregular warfare and the nexus of narcotics trafficking, terrorism, and the London-centered banking system. Susan Kokinda introduces herself as someone who has tracked offshore banking since the 1970s and claims this is the first time someone is taking on that system, namely Donald Trump, urging viewers to engage with Promethean Action for deeper analysis. Speaker 2 clarifies the big picture: there is not a war against Venezuela, but a war against drug trafficking organizations, arguing that the largest oil reserves are controlled by adversaries of the United States and misappropriated by oligarchs, including in Venezuela. The speaker emphasizes that the target is oligarchs and drug trafficking organizations, not socialism or communism. Speaker 0 connects oligarchs and drug trafficking with the British empire, describing Canada as run by the empire’s central bankers (notably Mark Carney) and as a major political outpost in North America used for drug trafficking, illegal immigration, and terrorism. This frame contrasts Trump’s actions with the cartels and highlights Canada’s role as part of the broader imperial apparatus. Speaker 3 (Sir John Soros) cautions against calling it regime change, noting Maduro has been abducted and taken to the U.S. to stand trial, but saying the army remains in power and the regime’s legal structures persist. He acknowledges the operation is not the same as Iraq’s regime change and notes Trump’s reluctance to deploy large-scale ground forces. John Bolton adds that Maduro has been removed from power, but the regime remains, and there is ambiguity about Trump’s thinking regarding Machado. Speaker 0 reiterates that this is not regime change but irregular warfare, with the United States pushing back against the empire’s rules-based order. The narrative argues that Trump is targeting the offshore banking system that finances terrorism, cartels, and the destruction of sovereign nations, including the London-centered financial network and its secrecy jurisdictions established in the 1960s. Prominent voices, including Tom Luongo and Crypto Rich, are cited to support the view that the British empire’s financial system and the rules-based order have long protected nonstate actors, NGOs, and cartels, and that Trump’s actions represent breaking those rules to defeat the imperial system. The piece frames the operation as the United States taking on irregular warfare and challenging the offshore financial framework that underpins global illicit activities, including narcotics trafficking and terrorism. Bottom line presented: Trump has launched a major offensive against the city of London’s offshore banking system and has targeted Canada as part of this broader strategy, signaling a shift from conventional regime-change thinking to irregular warfare against imperial financial and geopolitical structures.

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Glenn: Welcome back with professor Richard Wolff to discuss economic fury, the economic weaponization of the US campaign against Iran. How do you assess this effort, given the mix of oil sanctions, open markets for oil, and port blockades? Wolff: I’ll be blunt: I don’t know how to answer cleanly because the statements keep flipping on/off and have become “herky jerky.” The steps are inconsistent, sometimes increasing supply of oil and pushing down prices, other times constraining it. It’s not clear which way any given move will go, and the sequence is hard to parse. He notes that Gulf states are pressing for dollar swaps—foreign central banks can access dollars via swaps rather than buying them on markets. These swaps have shifted from weekly to daily, signaling worry about dollar access. The Gulf states—UAE and others—allege they depend on dollar-denominated oil revenues to service debts incurred through investments abroad. If dollars tighten due to strait closures and sanctions, they may be forced to sell assets in the US, including Treasury securities, which would lower bond prices and raise interest rates, potentially triggering a US recession. They could also sell holdings in the American stock market, affecting prices. Wolff emphasizes this as a surface manifestation of a broader global liquidity and debt dilemma tied to the Persian Gulf and the dollar’s role in the world economy. Glenn: So essentially the petrodollar is being unraveled because if Gulf states price and sell oil in dollars, but if they’re not exporting and not receiving dollars, they can’t pay debts or roll them over. They might sell treasuries or assets to cover shortfalls. How far can the US hold this position? Wolff: I don’t have a crystal ball, but I think the likely scenario is a political and economic squeeze. Trump has lost parts of his base—issues like the Epstein file and the economy’s inflation and job market. He relies on a narrative of victory; his base may be shrinking, while the wealthier 10% who own stock might be more supportive as the stock market stays buoyant. If the Gulf states must exchange dollars for debt relief or to cover losses, the government may have to grant more dollar swaps to prevent a spike in interest rates and a stock sell-off. Steven Bannon has warned that war could cost Trump the election, so the administration may shore up swaps to protect markets. Wolff suggests this is a desperate regime trying to exit a bad position with minimal damage. Glenn: You describe a broader pattern: the petrodollar’s decline, and the US dollar’s dwindling centrality in global reserves. How does this fit into the larger arc of American empire and capitalism? Wolff: It fits as part of the decline of the American empire and the corresponding decline of American capitalism. BRICS, China’s rise, and the shift away from dollar-dominated trade illuminate a trend toward reduced dollar dominance. Sanctions in Ukraine exposed the limits of that model, and there’s growing acceptance of payments outside the dollar for oil. The United States remains influential, but the dollar’s dominance is waning, and there’s no clear strategy to reverse that trend. Manufacturing has moved to other countries, notably China, which maintains low inflation and large-scale production. The world is moving toward multipolar arrangements, and the dollar’s preeminence is no longer assured. Glenn: Given this trajectory, is there any viable way to salvage the petrodollar, or is it beyond rescue? Wolff: I don’t predict the future with certainty, but I view the larger context as a decline in American hegemony and an erosion of dollar dominance. The war in Iran, like the war in Ukraine, demonstrates the limits of sanctions and the unintended consequences of aggressive confrontation. The dollar’s global reserve role is shrinking, and other powers are willing to transact outside it. He emphasizes this as a systemic shift, not a temporary setback. Glenn: Any final thoughts on how history and memory shape current policy? Wolff: History often gets reframed to fit current aims. There’s a tendency to present “victories” regardless of outcome, especially in wartime rhetoric. The dialogue in Europe and the US reflects a mix of nostalgia for past dominance and struggle to adapt to a changing global order. The conversation ends with questions about how Europe and the US should reorient foreign policy toward a multipolar world, where old assumptions no longer hold.

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The speaker discusses the energy dynamics between Ukraine, Russia, and Europe, highlighting Gazprom's dominance. They delve into the economic impact of NATO, the privatization of Russia in the 1990s, and George Soros's involvement in regime change operations. The narrative touches on Boris Yeltsin's subservience to the West and the manipulation of the 1996 Russian election.

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The discussion centers on claims that the CIA has long been involved in Venezuela, has enabled drug trafficking, and now seeks a visible foothold in the country to counter Russia and China. Speaker 0 argues CNN’s report that the CIA will establish a foothold in Venezuela is emblematic of a duplicative pattern: the CIA has supposedly enabled the drug trade for decades, so the attack on Venezuela cannot be about drugs if the CIA is involved. They cite Kevin Shipp, a CIA whistleblower, who said the CIA has been involved in Venezuela since at least the Cartel of the Sun, run by a general who was a CIA proxy and helped reconstruct Venezuela’s intelligence service to penetrate the government. The general cited is General Ramon Gulen, described as running narcotics and creating and running the Cartel of the Sun. The Cartel is portrayed as a pretext used by the Trump administration to stage attacks and operate around Congress, with the CIA behind past secret dealings tied to it. Speaker 0 then references a 60 Minutes piece from the 1990s reported on by mainstream media that allegedly showed the CIA collaborating with Venezuelan National Guard generals who moved tons of cocaine into the United States. The discussion moves to John Kerry, who led the Contra Cocaine Investigation in the mid-1980s, seeking to determine US government involvement in the contra drug trade. The Reagan administration resisted, stonewalled the Senate, and monitored the probe. The HITS report (the CIA inspector general report authorized under inspector general Frederick HITS) is described as concluding in the late 1990s that while the CIA did not officially participate in cocaine trafficking during the Contra War, it knowingly maintained relationships with and protected numerous contra-linked individuals and organizations involved in the drug trade when operationally useful, to keep the contra war alive and to maintain US objectives in Central America, even if it meant enabling and protecting drug lords. It also states the CIA hid this from Congress, contributing to drugs entering the United States. The Iran-Contra connection is summarized as arms to Iran generating cash to fund the Contras, with the same network tied to cocaine trafficking, implying a single pipeline of influence and criminal activity. The speakers discuss media coverage and relationships with locals in Venezuela, questioning the claimed “relationship-building” as a cover for coercive activities, given sanctions that harm locals. They criticize the notion that the CIA is simply building positive ties, suggesting instead a pattern of disruption and control. The dialogue then shifts to geopolitics: Venezuela reportedly traded oil with BRICS outside the petrodollar since at least 2017, which is framed as undermining US global oil hegemony. A recent move to settle oil transactions in yuan is mentioned, with a snide remark that the CIA’s presence in Venezuela aims to prevent any free-trade diversification away from the petrodollar. The claim is made that the CIA’s objective is to prevent alternative global trade arrangements and maintain US influence by blocking competition from Russia, China, and BRICS members. Speaker 3 adds that the CIA’s actions align with a long-standing pattern of intervention, suggesting that the agency’s open, unapologetic approach reflects a broader strategy of tension, where a third of the population would support such actions, a third would oppose, and a third remain indifferent. They reference Operation Mockingbird and the presence of CIA-linked figures in media, including Mike Pompeo as a Fox News contributor, arguing that mainstream outlets act as channels for the deep state’s messaging, with information often flowing from the CIA to outlets like the New York Times. In sum, the discussion argues that US intervention in Venezuela is less about drugs or democracy and more about strategic counteraction to Russian, Chinese, and BRICS influence, with a long history of CIA involvement in drug trafficking and media manipulation. The speakers invite audience reactions on these points.

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I was denounced by Boris Johnson as a tool of the Kremlin. He demanded $1,000,000 for an interview about Ukraine, which I refused. This is a shady money-making scheme that won't help Ukraine. Making money off war is immoral, and Boris Johnson is involved in it.

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The speaker raises concerns about Russia's use of Iranian oil tankers to violate US energy sanctions. They criticize the Biden administration for allowing Iran's "ghost fleet" of tankers to grow from 70 to 300, without imposing sanctions. This has enabled Iran to increase its oil exports, funding the regime and the war in Ukraine. The speaker questions why the administration hasn't sanctioned the tankers, as Russia is now using them to aid its aggression in Ukraine. The response from Speaker 1 acknowledges the symbiotic relationship between Iran and Russia and mentions efforts to break it up. However, the speaker argues that the administration has not effectively enforced oil sanctions, allowing funds to flow to Iran for attacks on Ukraine.

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In 2000, Iraq switched from trading oil in US dollars to euros, leading to tensions with the US. After 9/11, the US falsely claimed Iraq had weapons of mass destruction. Today, the US is at odds with Russia and China for not using US dollars for oil. The speaker predicts a future conflict in Ukraine, warning of lies to justify war. They caution against media manipulation and urge vigilance.

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After Russia invaded Ukraine, the Nord Stream pipelines exploded under the Baltic Sea. Investigative journalist Seymour Hersh revealed that the US and CIA blew up the pipelines to stop Russian gas supplies to Germany. The US wanted to promote its own gas exports to Europe. The operation involved planting bombs during NATO drills and detonating them remotely. The destruction of the pipelines led to increased gas prices in Europe, benefiting US gas producers. The US government's massive financial aid to Ukraine is also questioned.

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Speaker 0: Welcome to game plan. I'm Shivan Jan now. So far, there is only one winner in this war in West Asia, and that's Russia. Mind you, I'm not saying that this was acknowledged by the European Council president Antonio Costa. US Israeli strikes in West Asia, they have driven up the price of oil, strengthening the Kremlin's ability to fund its military campaign. Now in a sharp reversal from last year's policy of penalizing countries for buying Russian energy, US treasury secretary Scott Pessen said that The United States could unsanction other Russian oil to keep the flow of oil intact. And this is because the Strait Of Hormuz, the pivotal point from where this war is kind of converging, that is under complete Iranian control. Movement of ships has been blocked. Movement of oil has been blocked. It has shot up the oil prices, and the repercussions are being felt across the world at this point. Is the war proving to be a boon for Russia whose economy is dependent on energy exports? As the state of Hormuz gets blocked, Russia gets a free hand at selling its oil at rates that can be expounded without proper discounts as well. Is Putin the one winning in the war that US and Israel started against Iran? To discuss this with me on game plan is doctor Glenn Deesen, professor of international relations at the University of Southeastern Norway. Glenn, always a pleasure speaking with you. Thanks so much for joining me here. Trump and Putin, they held a call recently, the first time this year, and this was to discuss the discuss the ongoing hostilities in Iran. What do you think they would have discussed, and what kind of a role can Putin be playing in the ongoing war? Speaker 1: Well, I assume some of the things to discuss was obviously the the the extent to which The US and Russia targets each other because one of the things that the American media has been complaining about is the likelihood that Russia is providing intelligence to Iran for targets, but of course this is what The United States been doing for years and continues to do, that is give the Ukrainians targets to hit Russia. So I think there's a necessity to begin to discuss is appropriate and again what happens behind these doors, I don't know. But also of course there has to be some scaling back of the energy sanctions against Russia to bring this, the energy prices under control. As you suggest, they are now very much out of control. But I think also the main thing they've discussed is how to bring this war to an end because I think it's perfectly clear now that this US attack on Iran was a terrible mistake, and it appears that Putin would be the the main middleman who would might be able to bring an end to this war. But, again, it depends what can be done as what the Iranians will demand may be more than what the Americans can deliver. Speaker 0: Glenn, as you mentioned, Putin could perhaps be the main person to bring peace in this war. Putin has the highest chance of acting as peacemaker in West Asia. Is there anyone other than Putin at this point who can bring? Because just look at the optics of it. US starts a war, and I think ten days into it, he needs to make a call to Vladimir Putin to discuss that same war. How does it look for The US? Speaker 1: Well, they don't care for this, of course, but that it's similar to what to what happened with the war against Syria. That is, if you remember, back at president Obama's time, he had set these red lines, he were gonna attack Syria. It was quite obvious that this would be a disaster. So he went to the Russian president and he was able to get a deal through and which essentially took Obama's chestnuts out of the fire. So it was, you know, it it it is the reality or the optics of it isn't great given that The US has been fighting a proxy war for years against Russia, but but, know, at some point, you have to put the optics aside. Who who else would be in a position to help to negotiate this? I'm thinking, you know, perhaps China could be a middleman, but I think given that The United States, especially under the Trump administration, wants to improve bilateral ties with Russia, I I I think he's probably the best, yeah, the best bet. Speaker 0: Would it be fair to say that Putin is emerging as a winner in this ongoing West Asia war, which only seems to be expanding within the West Asian region? Speaker 1: Well, no. I think, yeah, to a large extent, I think that is correct because the energy prices are way up. The US have to scale back sanctions. The all the weapons which The US had intended to ship towards Ukraine to fight Russia is now being depleted. For European leaders, as you mentioned earlier on, to who aspire to prolong the war in Ukraine, this is an absolute disaster. And we'll see that countries that cut the energy ties or at least reduced energy ties with Russia at the best of American pressure, they of course have learned a lesson now as well that this was not a good idea that you don't necessarily put bet too much on a hegemon in decline, so countries who before paid discounts now may have to pay premium. We'll see that Iran, which I assume is getting some support from Russia sees this relationship improving dramatically. They're moving much closer, which is good for Russia because the Iranians always have some suspicions towards the Russians given well a long history they've had through the centuries of conflict. So all of this improves. You can also say that The Gulf States, the weakening of The Gulf States has also a big impact on weakening The U. S. Ability to restore its hegemony because what show what's obvious now is that the Gulf States are not getting protection instead they're becoming very vulnerable as frontline states and The US is no longer seen as that reliable. Well, if they're not going to bet their security on The United States anymore then they may not have that much pressure to sell their oil in dollars. You're not gonna have those recycled petrodollars coming back to The US, and suddenly the whole AI race with China looks a lot weaker as well. So I think across the board, a lot of things look good for Russia, but and there is a big but here, and that is I don't think that the Russians want this war nonetheless because the Russians, much like the Chinese, value stability and predictability. And what's happening in Iran now could again, if something would happen to Iran collapse, that would be a disaster for this Greater Eurasia initiative that is to integrate economies of Greater Eurasian Continent, but also this could spiral into a world war. So from this perspective, it's very dangerous and I don't doubt that the Russians therefore want to put an end to this war simply because I guess much like India, they don't want the Eurasian Continent to be too China centric, they would like to have many poles of power and this requires diversification. This means that the Russians need close ties with Iran, with India and other countries. So for the Americans to knock off Iran off the, you know, the chessboard, the greater Eurasian chessboard would be a disaster for the Russians. So, yes, I think they're prospering or benefiting from this, but they they do wanna put an end to it. Speaker 0: Understood. Glenn, let me just come to the Strait Of Hormuz. You know, the objectives of U. S. Behind starting this war, that has been questioned enough. Why did you start this war in the first place? Those are questions not just emerging, you know, globally. They're also emerging from inside The U. S. But if you look at what a win will actually look like for US, would it be the state of Hormuz? Like, which whoever controls the state of Hormuz is eventually who walks away as you know, walks away with the victory at this point because The US was looking for a change in regime. They mentioned it enough number of times. That hasn't happened and doesn't seem like it's going to happen. Is the state of Hormuz the winning factor now? Speaker 1: Well, I I I don't think any The US would be in a position to control this just given the geography. So The US obviously went into into this war with the objective of regime change. That was the goal. This was the decapitation strike, this was the hope of killing Khamenei and obviously it didn't work. I think it shouldn't have come as a surprise, but you know killing the leader of Iran only created more solidarity within the country. And also the idea that the whole armed forces would begin to disintegrate once they had been punished enough, also proven to be incorrect. So I think at the moment you see the American pivoting a bit. Some are talking about the Strait Of Moose that this should be a goal, others are saying you see a shift now towards saying well, actually what we really want to do is just degrade Iran's missile capabilities that they won't have this long range missiles. And again, you know, these are the kind of vague objectives which they can essentially declare victory today then because Iran has had many of its missiles destroyed. Also it launched a lot of its missiles at U. S. Targets which means that its missile stockpile has been reduced. So this should be a source of optimism when The U. S. Moves from this very hard line objective such as regime change and they shift in towards missiles, reducing the missile stockpiles or something like this. But the straight of our moves, I think, is beyond what what is reasonable. It's it will be too difficult. So I don't think they will But why push too hard on do Speaker 0: you feel it would be difficult if I were to just look at the bases that they have across West Asia? They have enough military might. Syria, Iraq, Kuwait, Saudi Arabia, UAE, Bahrain, have their bases there. How difficult would it be to exert that military might over the Strait Of Hormuz? Speaker 1: Well, controlling it just means the ability to shut it down. Many countries would have the ability to shut down this narrow strait. The problem is that no one benefits from it, that is the Gulf States are hurt, Iran is hurt from it, The US and the global economy is hurt. So it becomes an exercise in self harm. The reason why the Iranians are doing this, the ability to shut down the Strait Of Hormuz is because The US has the ability to inflict a mass amount of destruction. It can go after civilian infrastructure, it can well, look what they've done to Tehran. It looks like, well, just, you know, the chemical warfare there. You've seen in terms of going after his fuel depots. They're going after the water supplies in Iran. You you see all these things. This is what America can do. Iran doesn't have that ability. They can't hit The United States. What they can do is cause economic pain. So, yes, I think The US and many of the Gulf States can also shut down the Strait Of Our Moose, but but but that's not that's it doesn't have any purpose. It doesn't have any reasoning. Speaker 0: Can they eradicate the Iranian control over the Strait Of Hormuz? I'm not talking about shutting it down, but just get rid of the Iranians from there and they then decide who gets to control and when it has to be shut and when it has to be opened and remained and kept open and secured. Can The US exert that kind of military might over the state of Hormuz to control it? Speaker 1: Then one need us to control a massive amount of Iran's territory, which is a huge territory with populated by 90,000,000 people. So this seems very unlikely and if closing down the Strait Of Hormuz would depend on very sophisticated weapon systems, will be one thing. But this can be shut down with drones which can be manufactured in apartments. It can be also shut down with small naval drones that is this essentially drone operated small torpedoes. There's it doesn't require a lot of high technology which means that The US can't take out very key infrastructure to prevent Iran from shutting this down, to force it to open. But with very cheap and easy to make weapons, the Iranians can shut it down and it's simply too much territory, too large population for The United States to shut down the these capabilities. So at some point, they're have to make peace with the Iranians and make it make sure it's in Iran's interest to keep the Strait Of Hormuz open because it is in their interest. The problem now is that Iran faces an existential threat. That is The US now threatens to destroy not just the government, but also the country. As Trump tweeted, we we will make it impossible for Iran to even rebuild as a nation. And this is what regime change means. There is no replacement government. This means the disintegration and destruction of Iran, a massive civil war which could cost hundreds of thousands of lives. So for them this is existential which is why they went to this great extent. They've never done this before because they never believed that they faced this kind of an existential threat. So if the war ends, the Iranians have no reason to shut this straight down. This is very horrible for them as well. So, no, I I don't think The US can control the straight or almost no one can control it completely because too many actors could shut it down. Speaker 0: Glenn, thanks so much for joining me here on game plan. Whether this war continues further, that only means and if it does, that's essentially what Iran is looking at because they're not capitulating. They're not giving up. They are taking a bad amount of beating. There's no doubt in that, but they are continuing with their counters nevertheless. And straight of hormones is their main play where they're exerting their pressure with whether it's mines, whether it's their own boats, whether it's their own military boats. Now energy experts have also warned that whether the Iran crisis proves a cure for Russia's economy, that depends directly on how long it lasts. But there is little to suggest that Iran is willing to capitulate that what we just discussed. They're inviting U. S. To continue the war on the other hand. That's what the statements from Iran suggest that we're waiting. Come on, on. Now in the midst of this, Russia is emerging as the winner as we just discussed. How long this lasts? It doesn't seem to be in the favor of The U. S. We'll need to wait and watch twelfth day and running. They expected it to last for about four to five weeks, whether it goes the distance or even longer. Let's wait. That was Glenn Deeson joining me here on Game Plan. Speaker 1: Thanks, Yvonne.

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One name to watch is Victoria Nuland, who has a lot at stake regarding Ukraine, which I believe is one big money laundering operation. What Elon Musk has revealed is only the outflow of dollars. The full cycle of funding—where the money goes in Europe and how it flows back into the pockets of people in the United States—has yet to be demonstrated, but I am aware of it. I believe Trump and Elon will discover that people like Victoria Nuland will feel the pain as they are at the center of this. Zelensky is an actor with a great relationship with Putin. In the coming weeks or months, we will discover things about Zelensky that will upset the American people regarding money flowing back into the US and into the pockets of people in Washington DC. It will be ugly and involve the entire establishment.

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Mario: Let's start with Venezuela. Do you think this is a strategy by Trump? Larry: I saw something similar back in 1988. The CIA was involved with trying to provoke Manuel Noriega into taking some action, so we could say we had to respond to set the stage for a military invasion, which I believe that in 2018, Donald Trump signed a finding authorizing a covert CIA action to get rid of Maduro. That attempt failed. And now the objective is to get control of the oil. That's the number one priority, with an eye toward the risk of a renewed Iran conflict and the prospect of shutdown of the Persian Gulf, and the need to have an alternative supplier. Ukraine defeating Russia was the plan, and Russia’s military is now around 1,500,000. Mario: What’s your initial reaction to Venezuela? I talked to John Kuriaki who said to read naval movements to gauge what the military plans. The buildup on the coast of Venezuela is significant. They’ve got 14, 12 warships, including the Gerald Ford. Do you think they are bluffing or this is a Trump strategy? Larry: It could be a bluff. I saw something similar in 1988. I was in the Central America branch, and the CIA’s analytical thrust was to provoke Noriega into taking action to justify a response and invasion. That happened in 1988. But that time there were US bases in Panama; Quarry Heights was full. Southern Command was there. Now Southern Command has moved to Miami, just near Southcom. Another issue: within the military, the concept of supported and supporting commands means the special operations command (SOCOM) would normally be the supporting commander, but here Southern Command would be subordinate to SOCOM, which is problematic because SOCOM cannot fight a conventional war. Delta Force, SEAL Team Six, and others are light infantry for raids, not mass warfare. So launching shells or sending ground forces won’t solve Venezuela; terrain is rugged and favors ambushes. If US troops ashore, body bags would likely exceed those from Iraq and Afghanistan. Venezuelans will fight, and insurgents from Brazil and Colombia could join. Decapitation strikes against Maduro could provoke an insurgency that the US would struggle to pacify. Mario: Could we see a decapitation strike like Israel against Hezbollah and Iran? Larry: Decapitating Maduro would still leave loyalists and other actors with weapons; an insurgency could erupt, and the US would be unable to pacify it. The real objective here is unclear. The State Department’s INL/INSCR programs have long documented Venezuela as a transit point for drugs; Trump claimed fentanyl is the issue, but most cocaine also goes to Europe. The 2018 Trump era mentioned the Trendy Aragua as a pretext to justify covert actions; I believe Trump signed a finding authorizing a CIA operation to remove Maduro, leading to Guaidó, but that failed. The broader agenda appears to be regaining oil influence and countering Russia, China, and Iran’s influence in Venezuela. Mario: Elaborate the agenda and strategy behind these strikes on boats out of Venezuela and Trump’s public acknowledgement of a CIA covert operation. What’s the strategy and intention? Larry: The objective is to restore oil control in Venezuela and reduce adversary influence. Maduro once aligned with the CIA, and Chavez/Maduro have maintained cordial relations with Moscow and Beijing. The US aims to curtail BRICS and reduce Venezuelan ties to Russia, China, and Iran, potentially moving Venezuela away from the dollar-based system. The theory that this is a message to Putin circulates, but if that were the aim, it’s a poor strategy given the broader geopolitical dynamics in Syria, Iran, and the Palestinian-Israeli arena. The US previously overpromised in the Red Sea and failed to secure freedom of navigation, signaling limited military capacity for large-scale campaigns. The objective of any Venezuela action must be concrete, otherwise it risks entanglement in an insurgency. Mario: Turning to general foreign policy under Trump. What about the national security strategy? Europe’s criticisms, and Trump’s approach to Ukraine—Witkoff and Kushner meeting Putin? Larry: The 2025 national security strategy signals change, but these documents are not blueprints; they’re guidelines. Europe is being asked to step up, while the US distances itself, arguing Europe’s resources and industrial capacity have diminished while Russia and China shift. Europe’s censorship and defense spending are under scrutiny. The US–UK intelligence relationship still lingers, but overall the West’s ability to project force is questioned. Russia and China’s relationship is deep and mutually reinforcing; the Rand Corporation’s earlier ideas that Ukraine would defeat Russia to force Moscow to join the West have not materialized. Ukraine’s fight has forced Russia to mobilize and shift front lines; casualty counts are contested, but Russia’s front has expanded with a larger force and higher attrition. Mario: What about Ukraine negotiations and Putin’s terms? Larry: Putin’s terms (as stated on 06/14/2024) are: Crimea, Zaporizhzhia, Kherson, Donetsk, and Luhansk permanently part of Russia; Ukraine must withdraw forces from those territories before negotiations begin. An election must be held in Ukraine with a legitimately elected president, potentially replacing Zelenskyy, and Russia would then talk to Ukraine. Russia’s stance treats these territories as non-negotiable; freezing lines is not acceptable to Russia. If negotiations fail, Russia is likely to maintain control over large parts of Donbas and southern Ukraine, potentially extending into Kharkiv and Odessa. Western military support is insufficient in scale to match Russia’s production; Russia’s oil revenue remains a significant portion of GDP, and the global south is pivoting toward BRICS, with Modi’s meeting signaling stronger ties with Russia and China. The strategic trend is a shift away from Western dominance toward a multipolar order. Mario: Larry, appreciate your time. Larry: Pleasure as always, Mario.

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Speaker 0: Nearly two weeks into this conflict, the official story is cracking, and the number of Americans wounded is slowly coming out. Yesterday, we reported based on our sources that the number of American wounded was at least one hundred and thirty seven. After our report ran, the Pentagon has now publicly acknowledged about one hundred and forty wounded. That confirms our sources on this. So why did it take a little news show like ours to report this information? Why wasn't Fox News reporting this information? The Pentagon I know it's really weird. Why is the mainstream media silent on this? The Pentagon finally comes out and actually admits to this. Speaker 1: Reuters comes out and reports this. Exclusive. As many as one hundred and fifty US troops wounded so far in Iran war. They just published this today, this morning. March 10. That's remarkable. Exclusive. Just curious how that's an exclusive when we reported it yesterday. Yesterday. Whatever. Hey, Reuters. Bite me. Anyway, this war is clearly not winding down no matter what the messaging says. President Trump is saying the war could end very soon. But Iran says talks with The United States are off the table for now. Tehran is prepared to keep striking as long as it takes. And they're vowing an eye for an eye. So what is an eye for an eye actually mean? Does it mean you hey, you killed our leader. We kill yours? Does it mean, hey, you killed all these girls who were the daughters of members of the the Iranian Navy at a girls school, do we also do that to you? Like, what is actually does that look like? Speaker 0: Does it mean we took out your water infrastructures or you took out ours? So we do that. Right. Your gas infrastructure, civilian infrastructure, that's that's a war crime. But we did it. Your oil infrastructure, we do that. Like, what exactly does that look like? Meanwhile, the Strait Of Hormuz is getting worse by the minute. US intelligence tracking Iranian mine laying threats now as Gulf energy infrastructure there is taking a major hit with about 1,900,000 barrels per day of refining capacity across Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia, and The UAE. All down. CBS now says shipping through the Strait Of Hormuz has ground to a virtual halt. Nothing getting through. That's of just a few minutes ago. And Israel's hammering Beirut's southern suburbs and Lebanon. So they've essentially invaded Lebanon. Speaker 2: And then there's the neocon political class in Washington saying the quiet part out loud. Senator Lindsey Graham is now openly talking about, you know, going back to South Carolina to tell the sons and daughters in South Carolina, you know, you gotta send your loved ones to the Middle East. That's what I'm doing here in South Carolina. I gotta tell them to go fight in the Middle East, and he's calling on other Middle East countries that have been sitting on the fence that we've supported over the years as allies. Get off the fence. Go bomb Iran. Help out with Iran. And, oh, by the way, Spain, we're pissed off at you because you don't want us using your air bases or airspace to bomb Iran. Listen. Speaker 0: To our allies step up, get our air bases out of Spain. They're not reliable. Move all those airplanes to a country that would let us use them when we're threatened by a regime like Iran. To our friends in Spain, man, you have lost your way. I don't wanna do business with you anymore. I want our air bases our air bases out of Spain into a country that will let us use them. To our Arab friends, I've tried to help you construct a new Mideast. You need to up your game here. I can't go to South Carolina and say we're fighting and you won't publicly fight. What you're doing behind the scenes, that has to stop. The double dealing of the Arab world when it comes to this stuff needs to end. I go back to South Carolina. I'm asking them to send their sons and daughters over to the Mideast. What I want you to do in The Mideast to our friends in Saudi Arabia and other places, step forward and say this is my fight too. I join America. I'm publicly involved in bringing this regime down. If you don't, you're making a great mistake, and you're gonna cut off the ability to have a better relationship with The United States. I say this as a friend. Speaker 1: Ugh. He's an odious friend. Speaker 0: Say this as a friend. Speaker 3: With friends pick up a gun and go fight yourself, you coward. Yeah. I freaking hate that. But you're calling so, like, bluntly for somebody else to go die for his stupid cause. Speaker 0: Yeah. Speaker 1: I am so curious about this. I mean, he's a liar. But how many people in South Carolina are really walking up to him and saying, who are we gonna get to fight with us? Who are we gonna get to fight Iran? Worried about this. My son can go, but who's going with him? Let's make some war playdates. Who does that? Speaker 0: Larry Johnson is a former CIA analyst, NRA gun trainer, and, he's been looking at all of this and doing some incredible writing over at his website, Sonar twenty one. Larry, thank you for joining us. Great to see you back on the show. Speaker 4: Hi, guys. Good to see you. Speaker 0: So I wanna talk about the American war wounded first because Mhmm. I know that this is, near and dear to your heart and, of course, something that you've been watching, closely. And the lies, of course, that are coming out about this. Again, I spoke to sources over the past forty eight hours that were telling us here at Redacted about 137 Americans wounded. Then the Pentagon comes out and then confirms about a hundred and forty. So right pretty much right on the nose. And does that number sound low to you? Or does that sound about right? Speaker 4: That sounds a little low. So on March 4, let's go to Germany. Stuttgart, just North West of Germany, there is a hospital called Landstuhl Regional Medical Center. Landstuhl's primary mission is to handle American war wounded. On March 4, they issued a memo telling all the pregnant women that were about to give birth that, sorry, don't come here. We're not birthing any more babies. We gotta focus on our main mission. So that was the first clue that there was there were a lot of casualties inbound. I know, without mentioning his name, somebody who was involved dealing with the combat casualties during the wars in Afghanistan and Iraq, and he dealt with the personnel at Lunstul. And he called someone up and said, can't say anything, but there's a lot of casualties. Then 13 miles to the east of Landstuhl is an army base called Kaiserslautern. Kaiserslautern and the Stars and Stripes issued for that base had an appeal, a blood drive appeal. Hey. We need lots of people to show up and donate blood. So those that was on March 5. So I wrote about this March 6. So I wrote about this four days ago, that, yeah, we had a lot more casualties, and there are more coming, because Iran's not gonna stop. You know, right now, we're getting signals that the Trump administration is reaching out, trying, oh, hey, let's talk, let's talk cease fire. Iran's having none of it. They've been betrayed twice by Donald Trump and his group of clowns. Speaker 0: Right. Speaker 4: You know? And and so they're not ready to say no. No. They've got the world, by the testicles is the polite way of saying it, withholding the Strait Of Hormuz. They've shut down the movement of not only oil, liquid natural gas. They're the supplier of about 25%, 25 to 30% of the world's liquid natural gas, and, about 30%, 30 to 35% of the world's urea, which is used for fertilizer. Now, that may not I just learned that that may not be as important as I once thought it was because most of it comes out of Oman. Oman, you don't have to worry about things going through the Strait Of Hormuz. But on oil and liquid natural gas, huge. 94% of The Philippines depended upon the flow of gas, both liquid and the petroleum oil, out of the Persian Gulf. India, 80%. Japan, South Korea. So this is gonna have a major impact on certain economies in the world. Now there there I I I've said this ironically. I I think Vladimir Putin's sitting there going, maybe Donald Trump really does like me, because what he's done is he's making Russia rich again in a way I mean, they're getting, you know, they were selling they were forced to sell their oil previously under sanctions at, like, $55 a barrel. Now they're getting $88.90 dollars a barrel. Well, and they just opened it up to India. I mean, that story over the past forty eight hours, like, so they The United States has eased its restriction on Russian oil flowing to India. I mean, talk about an absolute disaster. Speaker 4: Well, yeah. And remember what had happened there is India was playing a double game too. You know, bricks India is the I in bricks, and Iran is the new I in bricks. And so what was India doing? Well, India was pretending to play along with The United States, but then going to Russia and saying, hey, Russia. Yeah. We'll buy we'll buy your oil, but we needed a discount because we're going against the sanctions, and we need to cover ourselves. So Russia said, okay. As a BRICS partner, we'll let you have for $55 barrel. So they got a discount. So now when all of a sudden the the the oil tap is turned off, including the liquid natural gas, India goes running back to Russia. Now remember, on, February 25-26, India was in Israel buttering up the rear end of BB, Net, and Yahoo, kissing rear end all they could. Oh, man. It was a love fest. We're partners with Israel. And then Israel attacks their BRICS partner. And what does India say? Nothing. Zero. They don't say a thing about the murdered girls. So now all of a sudden, the oil's turned off. It's nine days now with no oil coming out of there for India. They go running back to Russia. Hey, buddy. Let's let's get back together. And Russia says, sure. That's great. But it's gonna cost you $89 now a barrel. No more friends and family program. Gonna get market conditions. Speaker 0: We've had many journalist friends that have had their bank accounts shut down. We were literally in the middle of an interview with a great journalist from the gray zone who found out that his banking was just shut down. Literally, in the middle of an interview, he got a message that his banking was shut down. Well, Rumble Wallet prevents that, because Rumble can't even touch it. No one can touch it. Rumble Wallet lets you control your money, not a bank, not a government, not a tech company, not even Rumble can touch it. It's yours, only yours, yours to protect your future and your family. You can buy and save digital assets like Bitcoin, Tether Gold, and now the new USA USA app USAT, which is Tether's US regulated stablecoin all in one place. Tether Gold is real gold on the blockchain with ownership of physical gold bars, and USAT keeps your money steady against inflation. No banks needed. It's not only a wallet to buy and save, but it also allows you to support your favorite creators by easily tipping them if you want with the click of a button. There'll be no fees when you tip our channel or others, and we actually receive the tip instantly unlike other platforms where we have to wait for payouts. So support our show today and other creators by clicking the tip button on our Rumble channel. Speaker 1: Now I wanna ask you about president Trump responding to CBS News reports that there may be mines in the Strait Of Hormuz. That doesn't make a ton of sense. He says we have no indication that they did, but they better not. But they are picking and choosing who gets to go through, and their allies can go through. So why would they mine their allies? What do we make of this? Do we need to respond to this at all? Speaker 4: Yeah. I don't think they've done it yet. But let's recall the last time Iran mined the Persian Gulf. They didn't mine the Strait Of Hormuz. They mined farther up. It was 1987, 1988. Why did they do that? Well, in September 1980, when Jimmy Carter and Zbigniew Brzezinski were still in office, The United States encouraged a guy named Saddam Hussein, don't know if you've ever heard of him, but they encouraged Saddam Hussein to launch a war against Iran. And then Ronald Reagan comes in with Donald Rumsfeld and Cap Weinberger, and by 1983 had provided chemical weapons, or the precursors that Iraq needed to build chemical weapons, and Iraq started using chemical weapons against Iran in 1983 and continued to do it in '84, 85, 86. During that entire time, Iran never retaliated with chemical weapons. They were not going because they saw it as an act against God. They were serious about the religion. So 'eighty seven, 'eighty eight, they start dropping mines there in the Persian Gulf. Well, at that time, they didn't have all these missiles, so the United States Navy, a Navy SEAL, a good friend of mine, set up what was called the Hercules barge, and he had a Navy SEAL unit with him, and they fought off attacks by Iranian gunboats. He had some Little Bird helicopters from the one sixtieth, the special operations wing of the Air Force. And but we ended up disrupting the Iranian plan to mine The Gulf back then. Well, we couldn't do that today. We do not have that capability because Iran would blow us out of the water with drones and with missiles. You as we've seen, it's been happening over the last ten days. So United States would be in a real pickle. Speaker 1: And especially given the rhetoric of US war hawks in power for three decades. Like Yeah. Yes. They kind of had to prepare all of this time. Did we think that they weren't paying attention when we said it to the world? Speaker 4: Well, when we're writing our own press clippings and then reading them, there is a tendency to say, god, I am great. Can you see this? How good we are? And so they really believed that our air def the Patriot air defense systems and the THAAD systems would be they they could shut down the Iranian missiles and drones. And what they discovered was, nope. They didn't work. And they worked at an even lower level than the you know, Pentagon kept foul. We're shooting down 90%.

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The speakers portray the United States as having shifted from an empire to a pirate state, with a transformation into what they call the petro gas dollar or LNG dollar. They claim the US has quietly carried out an armed robbery of the world’s oil and gas supply, hitting Russian tankers and refineries, crippling China’s oil supply, capturing major oil fields, and kidnapping or assassinating leaders, all while expanding its domination over global energy and finance. The analysis emphasizes that the US, now the world’s top producer and exporter of oil, gas, and LNG, operates with self-sufficiency but seeks to kill competition to maintain a monopoly. The claim is that the US used the Ukraine war as cover to eliminate rivals and then used the Iran war to finish off Qatar’s LNG position, forcing Europe to buy American LNG at ten times the price and turning Europe into a US energy client. As a result, European energy prices rise, euros lose value relative to the dollar, and BRICS and dedollarization efforts falter. A central strategic thread is the destruction of competing energy suppliers to create captive markets. The speakers allege that the US destroyed Nord Stream II and blew up pipelines, which not only hurt Russia but forced Europe to rely on American LNG. They argue that the US then redirected gas flows to the Gulf and Levant, sealing a role for Chevron and other US energy giants in these transactions. The Board of Peace is described as a front for a legal cover of Washington’s colonial plan, enabling energy seizures in Gaza, the Levantine Basin, and elsewhere, with Chevron’s activities framed as orchestrated groundwork for energy deals in the Levantine Basin, as well as in Venezuela and Lebanon. The narrative then claims the US intends to dominate China by cutting off its vital fuel sources, forcing China to buy American oil and gas, thereby preserving the dollar and hobbling BRICS and multipolarity. It details how the US targeted Venezuela’s oil, kidnapping Maduro and seizing oil, which previously supplied 80% of Venezuela’s oil exports to China, and how the US expanded its reach by threatening Cuba’s energy grid after Maduro’s removal. It asserts the US orchestrated a global oil blockade, with attacks on Russian energy hubs, ships, and refineries, to cripple Russia and China’s energy security, including attacks in the Caribbean, North Atlantic, Mediterranean, Black Sea, and Baltic Sea. The speakers describe Iran as being cut off from Hormuz and subjected to an escalating cycle of strikes that disrupt its toll system and port infrastructure, while Russia’s exports are disrupted by attacks on export hubs and ships, creating a 40% reduction in Russia’s seaborne oil export capacity. They claim the US is using this chaos to drive up LNG and oil prices, forcing Europe and Asia to bid on US gas while shipping dominance remains with Washington. The financial logic is that dedollarization efforts fail because the US can force energy trade to be settled in dollars, while the US economy benefits from wartime pricing and export profits. The “maritime extortion network” is described as a system where the US can move LNG on ships, changing routes as needed, and a “protection racket” via the US Navy is proposed as a price for safe passage. The monroe doctrine is reframed as moving the planet’s energy corridor into the Western Hemisphere, with the Gulf of Mexico and Washington as the key nodes, rather than the Middle East. Finally, the speakers assert that Iran’s drones, missiles, and air defenses have degraded the US air force’s bases and radar arrays, while the USS Gerald R. Ford was compelled to relocate, reinforcing the claim that Iran’s actions are challenging US military dominance and undermining the myth of invincibility. The overarching claim is that the US empire is consolidating global energy control through piracy, sanctions, and strategic energy realignments, with Chevron playing a pivotal role in every facet of this strategy.

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Professor Michael Hudson and Glenn discuss how the war against Iran is reshaping the global economy and international order. Hudson contends this is World War III in the sense that energy, fertilizer, and oil exports are fundamental to the world economy, and the conflict targets these choke points. He notes a recent US stock market rally of about a thousand points, driven by hopes of reversibility, while insisting the war’s effects extend far beyond Iran and are irreversible. He asserts the US is waging a war to maintain control over the world oil economy by preventing any sovereignty that could export oil outside US influence. This includes sanctions on Iran and Russia, and earlier sanctions on Venezuela, with the aim of ensuring oil proceeds flow to US-controlled channels. He argues the US sought to control the Strait of Hormuz to decide who gets Gulf oil, but Trump’s advisers warned that attempting to seize Hormuz would leave troops as “sitting ducks,” yet the underlying goal remains “grab the oil.” He claims Iran’s objective is to guarantee security by removing all US bases in the Middle East and by relief of sanctions imposed by US allies; without that, Iran claims the world will not return to the previous order. Hudson emphasizes that the war disrupts key supply chains: oil, fertilizer, helium, sulfur, and related inputs. Although Iran allows oil exports via Hormuz for payments, it does not permit fertilizer exports, impacting the upcoming planting season. He forecasts the world entering the most serious depression since the 1930s due to these interruptions and the consequent financial ripples. On the financial system, Hudson explains that since the 2008 crisis, the US pursued zero or near-zero interest rates to rescue banks, enabling asset price inflation in real estate, stocks, and bonds. He describes a shift where non-bank lenders and private equity could borrow cheaply and buy up assets, creating a debt-led, Ponzi-like dynamic that depended on continued access to credit and rising asset prices. As long as rates stayed low, this system could keep rolling; now, with 10-year treasuries around 4.5 percent and 30-year mortgages above 5 percent, the cost of rolling over debt intensifies. The war-induced disruptions to energy and inputs threaten defaults and a feedback loop of debt collapse, catalyzing a depression. Regarding the broader international system, Hudson argues Europe is following sanctions on Russia at great economic cost, with Germany already experiencing GDP declines after energy sanctions in 2022. Europe’s shift away from Russian energy, the Ukraine-Hungary/gas dynamics, and the broader energy choke points threaten the cohesion of NATO and the EU. He predicts Europe may suffer consumer price increases and living standard cuts as deficits expand to subsidize heating and energy, leading to a reordering of alliances and economic blocs. He characterizes Asia–Russia–China as increasingly separate from Western systems, with a shift toward Asia as the growth center and Europe/US lagging. He asserts the West’s operational vocabulary frames the conflict as a clash of civilizations, but the underlying dynamic is a clash of classes, where the US seeks to subordinate others through energy and trade controls. Hudson argues the current trajectory signals not simply a decline but an abrupt systemic change: the end of the postwar Western-led order. He calls for rethinking international institutions and law, including a new framework to replace a discredited United Nations and to organize economic and military arrangements that protect sovereignty outside US-dominated systems. He highlights the need for energy and food self-sufficiency to resist weaponized foreign trade and to avoid being drawn into US-imposed economic chaos. In closing, Hudson points to Britain’s looming non-viability under deindustrialization and limited energy resources, illustrating how advanced economies may struggle to adapt to a new multipolar order.

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So last year, The US ran a trade deficit with India of almost $46,000,000,000. Proof to president Trump, the relationship in his view is unfair. India imports most of its oil last year, almost 40% of its crude from Russia. Well, president Trump is saying India is helping Russia fund the war in Ukraine. Earlier this month, he accused it of not caring how many people in Ukraine are being killed by the Russian war machine. India's prime minister Narendra Modi is defiant on all of this. On Monday, his ambassador to Russia said India will continue to buy oil from wherever it gets the best deal in order to protect the interests of its 1,400,000,000.0 p

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The United States invaded Iraq in 2003 because Iraq started trading oil in euros instead of US dollars. After 9/11, the US claimed Iraq had weapons of mass destruction and harbored terrorists, leading to the invasion. Currently, the US is facing potential conflicts with Russia and China for trading oil in currencies other than the dollar. The speaker warns of a possible future war in Ukraine orchestrated by the military-industrial complex, urging people to be wary of lies told to justify sending troops overseas. The speaker emphasizes the need to question media narratives and highlights the shift in US military focus from the Middle East to Eastern Europe.

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Mario: Let's start with Venezuela. Do you think this is a strategy by Trump? Larry: I saw something similar back in 1988. The CIA was involved with trying to provoke Manuel Noriega into taking some sort of action. They could say, oh, well, we gotta go respond to this to set the stage for our military invasion, which I believe that in 2018, Donald Trump signed a finding authorizing a covert action by the CIA to get rid of Maduro. That attempt failed. And now the objective, get control of the oil. That's the number one priority. And I think it's being done with an eye looking forward, recognizing the potential risk. If conflict is renewed with Iran, prospect of the shutdown of Persian Gulf— Mario: Ukraine defeated Russia. Larry: Yeah. That was the plan. Russia's military is now around 1,500,000. Mario: Let’s talk Venezuela. What’s your initial reaction? When John Kuriaki suggested the best indicator is naval movements, and the buildup off Venezuela is significant. I’ve heard they have 14, twelve warships, including the Gerald Ford. Do you think they are bluffing? Is this Trump strategy? Larry: It could be a bluff. I saw something similar in 1988. I was in the CIA’s Central America branch. They tried to provoke Noriega into action to justify invasion, which happened in December 1988. What’s different now is the base infrastructure. In Panama, Quarry Heights was full; Southern Command was there. Southern Command has moved to Miami. The weaponization of the idea of a “supported vs. supporting” commander is reversed here: Southern Command would be subordinate to Special Operations Command. SOCOM cannot fight a conventional war; they’re light infantry, raids, hostage rescue. So the question is: what will the ships actually do? Shells into Venezuela won’t defeat Venezuela. Ground forces would require mass, and Venezuela is three times the size of Vietnam with rugged terrain that favors ambushes. If US troops ashore, you’d stack body bags far beyond Iraq and Afghanistan. Mario: Do Venezuelans have the will to fight Maduro? Larry: Yes. It will rally insurgents from Brazil and Colombia. If we decapitate Maduro, there are loyalists with weapons; an insurgency could follow, and the US would be hard-pressed to pacify it. The State Department’s INL/INSCR reports on narcotics note Venezuela as a transit point for marijuana and some cocaine, with fentanyl less central than claimed by Trump. The 2018 emphasis on Trendy Aragua looked CIA-driven. Trump reportedly signed a covert action finding in 2018 to remove Maduro, leading to the Guaidó fiasco; that covert action included some public diplomacy via USAID. The objective now, as you asked, is oil control and curtailing Russia, China, and Iran’s influence, with an eye toward BRICS. Mario: Could there be a decapitation strike on Maduro, and would someone like Maria take over? Larry: A decapitation strike could spark insurgency; the US would not be able to pacify it. The broader agenda seems to include a strategy to seize oil and reduce regional influence by Russia and China. Venezuela’s role as a transit point and possible BRICS alignment complicates any straightforward regime-change scenario. Mario: Moving to general foreign policy under Trump. The national security strategy (NSS) for 2025 signals a shift, but you question how binding NSS papers are. What did you make of it, and how does it relate to Ukraine? You’ve noted Trump isn’t serious about peace in Ukraine on some occasions. Larry: The NSS is a set of guidelines, not a blueprint. Europe is being asked to step up, the US distancing itself from Europe, and the strategic relationship with Europe is damaged by the perception of long-term reliability and sanctions. The document highlights China as an economic rival rather than an enemy; it criticizes Europe’s defense spending and censorship, and it frames Russia as less of a direct threat than before, though the reality is nuanced. The US-EU relationship is strained, and the US wants Europe to shoulder more of the burden in Ukraine while maintaining strategic pressure. Mario: What about Ukraine? Zelensky’s negotiation posture, security guarantees, and the Moscow terms? Larry: Putin spoke on 06/14/2024 with five Russian demands: Crimea, Zaporizhzhia, Kherson, Donetsk, and Luhansk are permanently part of Russia; Ukraine must withdraw its forces from those republics; there must be an election in Ukraine with a legitimately elected president (the Russians argue Zelensky is illegitimate for not holding elections); they suggest a successor to Zelensky and elections within 90 days. Freezing lines in Donbas is not accepted by Russia; the Russians claim further territory may be annexed with referenda. If peace talks fail, Russia is likely to push to occupy Kharkiv, Sumy, Mykolaiv, and Odessa, potentially Kyiv. Western support is insufficient to alter that trajectory, given Russia’s large artillery and drone production. The US and Europe cannot match Russia’s drone and shell output; even if they supply Tomahawks, escalation risks, including nuclear considerations, grow. Russia’s economy and war capacity remain robust, and the BRICS poles are strengthening as Western leverage wanes. Mario: What about sanctions strategy and Russia’s oil revenues? Larry: Oil remains a significant but not decisive portion of Russia’s GDP. The West’s sanctions are not enough to force collapse; Russia has endured the 1990s and remains resilient. BRICS cooperation and the shift to the Global South are changing the global order, with Russia and China deepening ties and reducing Western influence. The war in Ukraine has not produced a decisive Western victory, and the global south is moving away from Western-led sanctions, reshaping geopolitical alignments. Mario, it’s been a pleasure.

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- "This is a war that should have never happened." - "The major thing they wanted was for us to keep NATO out of the Ukraine." - "March 2022, we committed a 113,000,000,000." - "it's not really going to Ukraine. It is going to American defense manufacturers. So he just admitted it's a money laundering scheme." - "And who do you think owns every one of those companies? Blackrock." - "Ukraine has to put all of its government owned assets up for sale to multinational corporations, including all of its agricultural land, the biggest single asset in Europe." - "500,000 kids almost. Ukrainian kids have died to keep that land as part of Ukraine." - "And then in December, president Biden gave out the contract to rebuild Ukraine. And who do you think got that contract? Lakhra."

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The speaker argues that the Ukraine war is a distraction from a major event four days earlier, on 02/20/2022, involving a huge financial scandal in Switzerland connected to Putin’s circle and Swiss banks. The scandal is described as Swiss secrets (Suisse Secret in French), the largest leak from a major Swiss bank, Credit Suisse, revealing details on more than 30,000 clients and over $100,000,000,000. The Suddeutsche Zeitung reported that secret data had been obtained over a year via a secure digital mailbox. The speaker notes the timing as four days before Russia’s invasion of Ukraine on 02/24/2022 and claims this scandal was the trigger for the war. The speaker alleges that “every war gets organized and decided out of Switzerland,” and cites prior videos about the “beast of the Alps” and the Knights Templars. He links Putin, the World Economic Forum, Klaus Schwab, and Zelensky to Switzerland, asserting that important decisions are made there. He claims that on 02/24/2020 there was supposed to be a live broadcast about Credit Suisse and Swiss secrets by the Germans and their Zupeitsche Zeitung and the OCCRP, but the Ukraine war started and the discussion disappeared. The transcript lists a wide array of figures connected to the Swiss secrets list: dictators, aristocrats, drug lords, mafia bosses, and Putin pals. Notable named individuals include Alyaksay Aleksin (Belarusian businessman associated with Lukashenko, sanctioned in 2021), Alexander Lukashenko, Haji Saifula Khan Bangash, a minister of finance, and numerous others described as aristocrats, oligarchs, or corrupt. The list comprises 30,000 people, with names spanning Abdelaziz Bouteflika, King Abdullah of Jordan, Queen Rania, Abdul Khalim Khadom (Syrian official and Assad loyalist), Luis Carlos de Leon (aristocrat), former Ukrainian prime minister Lazarenko, various generals and intelligence officials from Egypt, Pakistan, Armenia, and other regions, as well as figures from South Africa and Rhodesia. The speaker emphasizes that these individuals allegedly channel money through Credit Suisse, and that many are connected to Putin, Lukashenko, and allied regimes. He asserts that many of these people, and their networks, are linked to the Wagner private military company (PMC) and that the list aligns with countries where Wagner has been active. The speaker claims that the Swiss secrets scandal is tied to global money flows and sanctions evasion, noting connections to the Paradise Papers (2017), Pandora Papers, and the Panama Papers, and argues that Swiss markets help pay for Russia’s war via oil, gas, and commodity trading. He asserts that commodities like oil, gas, and wheat are central to the instability and potential financial crisis. The narrator asserts that the money moved to Switzerland by wealthy Russians, to avoid sanctions, enabled the private banking industry and that the war in Ukraine was staged to distract from the scandal and to facilitate wealth transfers to safer locations. The closing stance asserts that Switzerland is the base of all evil, the cross of the Swiss flag symbolizes a door to wealth, and that the media, global elite, and oligarchs use distraction to cover the Swiss secrets scandal and the transfer of wealth while innocent Europeans suffer from the war. The speaker concludes that the war is a distraction and thanks Switzerland for making it possible, implying a broad conspiracy about finance, war, and power.

Coldfusion

Russian Sanctions and Global Economic Risk
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Western powers hope economic sanctions will pressure President Putin to change course amid the Russia-Ukraine conflict. Key sanctions include barring selected Russian banks from the SWIFT system, which facilitates global financial transactions. While this may hinder Russian banks, it also risks unintended consequences for the global economy, particularly in Europe, which relies heavily on Russian energy. The U.S. has banned transactions with the Russian central bank, impacting its reserves. Analysts warn that these sanctions could lead to a decline in the U.S. dollar's status as the reserve currency, with potential long-term global economic ramifications.

Tucker Carlson

Breaking News: Russia Will Nuke Germany & the UK if Ukraine War Continues, Warns Top Putin Advisor
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The episode open casts a wide net over a tense international moment, foregrounding potential strikes on Iran, a dramatic reshaping of Greenland’s status, and a controversial regime-change narrative in Venezuela. The host frames these developments as interconnected, highlighting how perceived momentum and downstream risks—such as energy disruptions, regional destabilization, and the strain on alliance structures—could cascade into broader geopolitical and economic shocks. Throughout, the host emphasizes a skeptical view of Western policy decisions, arguing that actions taken over the past years have sometimes backfired by empowering adversaries or destabilizing key partners. The discussion then pivots to a stark, provocative claim: Russia would consider nuclear strikes against Europe if the Ukraine conflict persists, a claim sourced from a high-profile interview with a Russian adviser close to Vladimir Putin. This assertion anchors the central concern of the program: how mixed incentives, misperceptions, and escalatory dynamics could precipitate a crisis with existential stakes for Europe and beyond. The program then delves into a long interview with Sergey Karaganov, who elaborates a crisis narrative in which Europe is depicted as a volatile and unreliable ally while Russia is cast as a resilient power seeking strategic recalibration. The conversation threads through themes of NATO expansion, Western sanctions, and energy politics, including a claim that Nord Stream sabotage and posturing around sanctions have intensified Europe’s vulnerability and undermined Western influence. The host and guest scrutinize the role of U.S. policy, tie economic instruments like the dollar to geopolitical leverage, and argue that energy and currency dynamics shape strategic choices more than conventional military capabilities. The discussion culminates in a gravitational pull toward a Eurasian realignment, with assertions that European elites are driving destabilization and that the future balance of power will hinge on how core states, including the United States, Russia, China, and India, navigate a newly multipolar order. , The episode also features a segment that promotes Masa Chips as a health-oriented snack option and Charity Mobile as a pro-life wireless provider, framed as demonstrations of aligned values in the sponsor’s messaging. The tonal shift at these moments underscores a broader pattern in the discussion: media and political elites are portrayed as shaping, or being shaped by, broader economic and cultural currents that influence everyday choices and national trajectories. The overall narrative posits that understanding these dynamics—policy decisions, alliance reliability, energy dependence, and currency trust—is essential to grasping the risks and potential pathways out of a deepening geopolitical contest.

Breaking Points

OIL SPIKES After Ukraine BLOWS UP Russian Refineries
reSee.it Podcast Summary
The episode analyzes recent oil market movements amid a complex geopolitical backdrop, arguing that prices are being influenced by a mix of direct sanctions policies, wartime dynamics, and strategic signaling from U.S. leadership. The hosts connect Trump’s remarks about a “present” for oil and gas to the broader reality that tankers may pass through the Strait of Hormuz due to Iran’s direct dealings with other countries, rather than as a result of American diplomacy. They discuss Ukraine’s attacks on Russia’s oil infrastructure, which the hosts say is narrowing Russia’s export capacity while the U.S. and allies sustain supplies to Ukraine, potentially driving higher energy costs globally. The program highlights the fragility of global LNG and oil supply chains, including refinery vulnerabilities in the United States, and notes that even if diplomatic deals emerge, market pressures and infrastructure constraints could sustain elevated prices for an extended period.

Unlimited Hangout

Sanctions & the End of a Financial Era with John Titus
Guests: John Titus
reSee.it Podcast Summary
Since the Ukraine-Russia conflict began, major shifts in the international financial system have unfolded, with sanctions aimed at Russia seemingly rebounding off the ruble while inflicting greater pain on the West. This has fed questions about why a policy that appears punitive to one side ends up hurting the sanctioning side and has fueled talk of the dollar’s waning dominance and the possible demise of the petrodollar system, alongside a wider move toward a multipolar world order. Central Bank Digital Currencies (CBDCs) are advancing in both Ukraine and Russia and among their allies, framing a global control architecture that many see as a critical element of a broader digital governance regime. Whitney Webb and John Titus discuss how, on March 2, Federal Reserve Chair Jerome Powell, asked about China, Russia, and Pakistan moving away from the dollar, pivoted to the world reserve currency and the durability of the dollar, inflation, and the rule of law—points Titus argues reveal a scripted witness with a broader agenda about the dollar’s reserve status and the sustainability of US fiscal paths. Titus notes a shift in public officials, including Cabinet-level figures, acknowledging debt unsustainability, which he interprets as a signal that the days of US currency dominance may be numbered, given that the US debt path is already out of control. They examine what losing reserve currency status would mean at home: a large fraction of currency in circulation is overseas, and if dollars flow back to the US, inflation could surge. The conversation turns to the petrodollar system’s fragility as Saudi Arabia and the UAE push back on sanctions enforcement, with implications for the dollar’s hegemony. Russia’s strategy to accept payment for energy in rubles or via Gazprom Bank, and to require non-sanctioned banks, is presented as an actionable workaround that forces a reevaluation of Western sanctions’ effectiveness and Europe’s consequences, including higher energy prices and potential shortages. The Bear Stearns bailout and broader 2008 crisis are revisited, highlighting the distinction between official Treasury/TARP bailout narratives and what Titus calls the Fed’s real bailout and political cover. He argues the endgame is when the US borrows to pay interest on debt, including entitlements, creating an unsustainable trajectory that drives a multipolar challenge to US control. CBDCs are analyzed through questions of backing, issuer sovereignty, and settlement mechanisms. Titus argues the US CBDC would be issued by the private-leaning regional Federal Reserve banks, complicating governance and accountability, while Russia contemplates a digital ruble with programmable features and a two-tier system where the central bank maintains the ledger but commercial banks handle access. The broader framework includes debates about the World Economic Forum, the Bank for International Settlements, and the balance of power between public sovereigns and private financial interests, with the BIS and private banks often seen as critical sovereign-like actors. The discussion ends with a warning about the evolving digital-finance landscape, the risks of central bank digital currencies, and the importance of understanding who ultimately holds sovereign power in money issuance.

Breaking Points

India To Trump: SCREW YOU On Tariffs Over Russian Oil
reSee.it Podcast Summary
Donald Trump has escalated tariffs on India to 25%, citing India's purchase of Russian oil amid the Ukraine conflict. He claims India's high tariffs hinder U.S. trade, labeling them a poor trading partner. This move reflects a broader trend of using tariffs to enforce foreign policy, as seen previously with Canada. Critics argue that U.S. sanctions have inadvertently bolstered the Russian economy, complicating the situation. India's response highlights that their oil imports are necessary for energy stability, contrasting with Western nations that continue trade with Russia. Meanwhile, Ukraine faces internal unrest over corruption issues, raising questions about U.S. support. Overall, the tariffs may strain U.S.-India relations, with India signaling a willingness to negotiate despite the pressure.

My First Million

The Rise Of Russian Oligarchs & The Russia-Ukraine War
reSee.it Podcast Summary
The discussion begins with admiration for Ukraine's leader, who is portrayed as a hero amidst the ongoing Ukraine-Russian conflict. The hosts delve into the history of Russian oligarchs, tracing back to a pivotal auction in 1995 where the Russian government, in need of funds, offered shares of state-owned companies as collateral for loans. Only two bidders participated, leading to a collusion that allowed a select group of oligarchs to acquire significant assets at undervalued prices. This resulted in immense wealth for a few individuals, with profits skyrocketing after privatization. The conversation shifts to Vladimir Putin's rise, highlighting his initial anti-corruption stance and subsequent consolidation of power, where he made an example of one oligarch to intimidate others. The hosts reflect on the current war, noting the disparity in morale between Ukrainian and Russian forces, with the Ukrainian leader inspiring unity and purpose among his people. They also discuss the implications of financial warfare against Russia, including sanctions that have severely impacted the Russian economy. The hosts conclude by emphasizing the importance of understanding the motivations behind actions in the conflict and the role of media in shaping public perception.
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